02 Mar American Petroleum Institute Mulls Embrace of Carbon Pricing The American Petroleum Institute is considering throwing its weight behind a government-imposed price on carbon dioxide emissions as a way to slow global warming, a major policy shift by the oil industry’s top trade group. Read more...
02 Mar As Amazon Air Expands, Report Sees Potential Challenge to UPS, FedEx and USPS Amazon Air is poised for a summertime growth spurt that could send its daily schedule to more than 160 flights per day. Read more...
02 Mar Hertz Eyes Bankruptcy Exit Via $4.2 Billion Stake Sale In a deal to jettison itself from under bankruptcy protection, Hertz said March 2 that it may sell a controlling stake in the company to two investment firms for $4.2 billion. Read more...
02 Mar Federal Judge Requires Railroads to Turn Over Certain Evidence in Fuel Surcharge Lawsuit In a move that could help speed up the path to a trial, a District of Columbia federal judge ruled in a multidistrict federal lawsuit that more than 200 shippers are entitled to pursue certain evidence to support their allegation that the four largest Class I railroads may have conspired to fix fuel surcharge prices. Read more...
02 Mar Lawmakers Reintroduce Bill Promoting Women in Trucking A group of lawmakers has reintroduced legislation that aims to support women entering the trucking industry. Read more...
02 Mar Navistar Offers Free Warranty on Certain Used LT and RH Models Navistar International Corp. announced it is offering a free one-year, 100,000-mile factory-backed warranty for engine and aftertreatment systems on its most popular used on-highway vehicles, the LT and RH series, that meet certain criteria. Read more...
02 Mar OPEC Production Plunges as Saudis Deliver Extra Oil Cutbacks OPEC’s crude production plunged in February as Saudi Arabia delivered extra cutbacks intended to clear the remnants of a global supply glut. Read more...
02 Mar Volvo to Make Only Electric Vehicles by 2030 Volvo says it will make only electric vehicles by 2030. But if you want one, you’ll have to buy it online. Read more...
02 Mar COVID-19 Exposes Cold Chain Problems, Solutions The coronavirus pandemic has presented new challenges and opportunities for innovation in cold chain shipments. Read more...
01 Mar Progressives Propose Wealth Tax to Fund Infrastructure Sen. Elizabeth Warren said her proposed wealth tax on households worth more than $50 million could help pay for investments in infrastructure, child care and health reforms as part of President Joe Biden’s plan to “Build Back Better” after the coronavirus pandemic that has disproportionately hit low-income families. Read more...